Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Project 404 from Lier, company number BE0827558864, closed financial year 2025 with a result of € -26,305 after tax. For that financial year Project 404 recorded a gross margin of € -56,252 and equity of € 39,747. Compared with financial year 2024, the result moved from € -8,755 to € -26,305. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 29, 2026.
€ 39,747
▼ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,305
▼ 200 % more loss than in 2024
Profit after tax over the fiscal year.
€ 12,185
▲ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 27,347.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 985
▼ 69% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 87,694
▲ € 79,124 vs 2024
€ 19,035 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 5,215
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,155
▼ 86% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 16,354 | € 12,549 | € -1,306 | € -56,252 | ▼ € 54,946 |
| Profit after taxes | € 8,218 | € 3,729 | € -8,755 | € -26,305 | ▼ € 17,550 |
| Equity | € 71,078 | € 74,807 | € 66,052 | € 39,747 | ▼ 40% |
| Total debts | € 11,792 | € 17,612 | € 26,504 | € 94,064 | ▲ 255% |
| Cash | € 39,990 | € 25,280 | € 11,910 | € 12,185 | ▲ 2% |
| Retained profit | € 58,678 | € 62,407 | € 53,652 | € 27,347 | ▼ 49% |
| Dividend | € 24,717 | € 0 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 8,569 | € 87,694 | ▲ € 79,124 |
| Balance sheet total | € 82,870 | € 92,419 | € 92,556 | € 133,811 | ▲ 45% |
Key figures of Project 404, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Project 404?
What happened at Project 404 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 26,305. Source: NBB ↗
- New establishment in Lier. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,218 profit in 2022 to € 26,305 loss in 2025.
Paid € 9,914 in corporate taxes since 2022.
Best year ever: 2022, with € 8,218 profit.
Paid out € 24,717 in dividends to the owners in total.
Management
Behind Project 404 is Stijn Verbruggen.
Directors
According to the 2025 annual accounts
Stijn Verbruggen
Director
Establishments
Establishment units
Physical locations of this company
Pannenhuisstraat 366
2500 Lier
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0827.558.864
- VAT number
- BE 0827.558.864
- Registered office
- Pannenhuisstraat 366, 2500 Lier
- Names & denominations
- Project 404
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2010
- Peppol
- Active · Active since 30 Jun 2026
- Activities · NACE
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